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20121201
20121231
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KPIX (CBS) 12
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Search Results 0 to 16 of about 17 (some duplicates have been removed)
CBS
Dec 14, 2012 4:00am PST
among the republican ranks. susan mcginnis starts us off this morning. susan, good morning to you. >> hi. good morning, terrell. the two men met for less than an hour, and that's not an encouraging sign. neither of them spoke during the meeting but what we heard before and after is neither side is budging on their core decisions, this as time to make a deal grows shorter. house speaker john boehner made the short trip up pennsylvania avenue to the white house thursday to talk to president obama about the fiscal cliff. the tax hikes and spending cuts set to kick in january 1st. they met for nearly an hour. both sides describe the discussion as frank. >> i think speaker boehner has a contentious caucus. >> the president wants to pretend that spending isn't a problem. that's why we don't have an agreement. >> president obama insists on raising taxes on the top 2% of earners, but even he recognizes that's a tough sell. >> the idea of not raising taxes has become sort of a religion for a lot of members of the republican party. >> speaker boehner accuses the president of dragging out ne
CBS
Dec 13, 2012 4:00am PST
, including susan mcginnis in washington this morning with the latest. susan, good morning to you. >> hi. good morning, terrell. as the white house continue to fail at coming to a conclusion on the budget, this fiscal cliff is not waiting for the end of the year. it's affecting america today. well, even santa claus is upset. santa claus showed up on capitol hill wednesday, urging congress and the white house to strike a deal to avoid the looming fiscal cliff before christmas. >> it's discouraging that our elected leadership in congress can't come together to get the job done for the american people. >> reporter: both sides say it's putting a damper on the holidays. >> i think it's going to be extremely difficult to get it done before christmas. ? . >> in anticipation, there is no agreement. congressional leaders told lawmakers not to make holiday travel plans. >> we're going to stay here right up until christmas eve, throughout the time and period before the new year because we want to make sure that we resolve this in an acceptable way for the american people. >> president obama and hou
CBS
Dec 10, 2012 4:00am PST
. susan mcginnis is in washington with the latest. hi, susan. good morning to you. >> hi. many on capitol hill are encouraged by the weekend talks, but to get a deal done on time, apparently action this week is said to be critical. and now we have the president heading out on the road again. president obama leaves d.c. today, headed to michigan to talk to auto workers, part of his strategy to generate public support for his plan to avoid the fiscal cliff, the tax hikes and spending cuts due to kick in at year end. the president and house speaker john boehner met one on one at the white house on sunday. while no details were leaked, a rarity for washington, we do know the main sticking points remain. raising taxes on high earners and making cuts to entitlement programs like medicare. >> you know, they started their tango now, and any time you start a tango, you have to get it done. >> more republicans are accepting the idea that wealthy americans will get a tax raise hike. >> there are a group of folks looking at this realizing we don't have a lot of cards before year end. >> but o
CBS
Dec 12, 2012 4:00am PST
taxes on upper middle-class americans. susan mcginnis is in washington with the latest now. susan, good morning to you. >> hi. good morning, terrell. both sides are talking publicly about what they want. the gop pushing back against that. but privately negotiations do continue. in an exclusive interview airing on abc's "20/20" this friday night, president obama says he's optimistic a deal will be reached, and he's confident the gop won't hold the middle-class taxes hostage to protect higher income americans. >> taxes are going to go up one way or the other, and think the key is to make sure the taxes go up on higher individuals like you and me, barbara. we can afford it. >> reporter: earlier on tuesday the president and house speaker john boehner shared a phone call to discuss the latest republican proposal. it comes after the obama administration lowered its request for new tax revenue from $1.6 trillion in over ten years to 1.4 trillion. but before the call boehner was critical of the president. >> right now the american people have to be scratching their heads and wondering whe
CBS
Dec 7, 2012 4:00am PST
efforts. susan mcginnis has details on a high level meeting between the u.s. and russia. susan, good morning to you. >> reporter: good morning. intelligence reports are suggesting as this regime gets closer to falling, syrian president, bashir al assad could release sirin gas on the people there to subdue the rebellion. this would be a new phase of the war. it has the u.s. uniting with russia to stop it and some here on capitol hill calling for u.s. military intervention. rockets streak across the syrian sky as the battle between rebel forces and troops move to outskirts of the capital of damascus. jeffrey white says it's only a matter time before the bloody civil war is over. >> you can feel it. you can sense it. looks like the regime is being defeated. >> reporter: intelligence officials say chemical weapons believed to be stored at this syrian base have been primed and ready for use. >> we remain very concerned. very concerned that as the opposition advances in particular on damascus, that the regime might very well consider the use of chemical weapons. >> reporter: so far the u.s
CBS
Dec 4, 2012 4:30am PST
, they are getting nowhere. here's susan mcginnis with more on today's scheduled talks and the latest proposal from republicans. >>> reporter: governors from six states are headed here to washington today to tell president obama their thoughts on the "fiscal cliff." the bipartisan group says both sides need to work together to avoid the tax increases and spending cuts due to kick in at the end of the year. >> no one is going to get what they want. but we have to compromise. if everything is going to be on the table, how do we negotiate? >> reporter: republicans have given a counterproposal to the president's plan which he issued last week. they say their plan would cut $2 .2 trillion from the federal deficit over 10 years. but $600 billion in healthcare cuts, $300 billion in cuts to mandatory spending, and another $300 billion in cuts to other federal spending. the biggest difference between the republican plan and the president's remains taxes and how the government can generate more revenue to pay down the debt. >> rates have to rise on the top 2%. there's no other way to do it. >>
CBS
Dec 3, 2012 4:30am PST
negotiations to avoid the "fiscal cliff." susan mcginnis reports, key players took to the sunday talk shows to make their stances known. >>> reporter: the white house is already decorated for the holidays but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act, america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. treasury secretary timothy geithner was here on capitol hill last week to present the president's plan to congress. >> i was flabbergasted. you can't be serious! >> reporter: president obama wants $1.6 trillion on the rich, $400 billion in cuts to entitlement programs and billions in more spending. >> reporter: mitch mcconnell laughed at geithner during their meeting last week. now geithner says if republicans don't like the plan, it's up to them to present their own ideas. >> what we can't do is try to figure out what works for them. they have to tell us what works tore them. >> reporter: but
CBS
Dec 14, 2012 4:30am PST
reporter susan mcginnis shows us, the increased frequency of talks really hasn't got them any closer to finding a deal. >>> reporter: house speaker john boehner left congress to head to the white house thursday for what both sides called a frank discussion about the "fiscal cliff." >> still a work in progress. >> reporter: they talked for nearly an hour about the tax hikes and spending cuts set to kick in at the end of the year. before the meeting, both sides were pointing fingers at the other. >> the only holdouts right now are the house republicans. i think speaker boehner has a contentious caucus. >> the president wants to pretend that spending isn't the problem. that's why we don't have an agreement. >> reporter: president obama insists on raising taxes on the top 2% of earners but even he recognizes that's a tough sell. >> the idea of not raising taxes has become sort of a religion for a lot of members of the republican party. >> reporter: and boehner wants more cuts. >> here we are at the 11th hour and the president still isn't serious about dealing with this issue right here,
CBS
Dec 4, 2012 4:00am PST
mcginnis is in washington with the back and forth details. susan, good morning to you. >> reporter: good morning, terrell. gop leaders here on capitol hill sent their plan to the white house in this letter on monday, and now that both initial offers are out there, both sides say it's time to get serious. governors from six states are headed here to washington today to tell president obama their thoughts on the fiscal cliff. the bipartisan group says both sides need to work together to avoid the tax increases and spending cuts due to kick in at the end of the year. >> no one's going to get what they want, but as a country to move forward, we've got to figure out who gives where, and if everything is going to be out on the table, how do we negotiate that? >> reporter: republicans have given a counterproposal to the president's plan which he issued last week. they say their plan would cut $2.2 trillion from the federal deficit over ten years. with $600 billion in health care cuts, $300 billion in cuts to mandatory spending and another $300 billion in cuts to other federal spending. the bigg
CBS
Dec 6, 2012 4:00am EST
yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious talks could start soon, but now we learn that a lot of members of congress are heading out on a long weekend, not to return till tuesday, this as the impasse here on capitol hill continues and the nation waits. social security workers marched outside their office in baltimore wednesday. they're protesting the government spending cuts due to kick in at the end of the year as part of the fiscal clear. >> we don't want to see our public hurt in any way. >> just down the road in washington, d.c., the standoff continues. house speaker john boehner says he's still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> i'm going need a response from the white house. we can't sit here and negotiate with ourselves. >> the president and boehner spoke on the phone wednesday, but republicans want more. >> we want to sit down with the p
CBS
Dec 10, 2012 4:30am PST
and susan mcginnis tells us the chances may be better with two people doing the negotiating. >> reporter: president obama leaves dc today headed to michigan to talk to auto workers, part of his strategic to gain support. the president and house speaker john boehner met one on one. no details were leaked, we know the main points remain, raising taxes on high earners and cutting programs like medicare. >> they've started to tango. more republicans are accepting the idea that wealthy americans will get a tax rate hike. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. >> reporter: republicans in the house remain opposed to raising taxes on the top 2%. >> the president wants the rate to go up. that doesn't solve the problem. we don't want to be b back here answering the same questions. >> reporter: the deadline is closer than you think. many here on capitol hill say the president and the house speaker need to make a deal by the end of the week in order for congress to vote
CBS
Dec 7, 2012 5:00am EST
the capital of damascus. susan mcginnis has more. >> reporter: rockets streak across the syrian sky as the battle between rebel forces and government troops moves to the outskirts of the capital of damascus. military analyst jeffrey white says it's only a matter of time before the bloody civil war is over. >> you can feel it. you can sense t. looks like the regime is being defeated. >> reporter: intelligence officials say chemical weapons believed to be stored at this syrian base have been primed and are ready for use. >> we remain very concerned, very concerned that as the opposition advances, in particular on damascus, that the regime might very well consider the use of chemical weapons. >> reporter: so far the u.s. has been very reluctant to use military force to help the overthrow of syrian president bashar al-assad but reports he is considering using chemical weapons have some on capitol hill now calling for the president to get tough with the dictator. >> we urge the president of the united states to make whatever military preparations are necessary to show assad that the unit
CBS
Dec 3, 2012 5:00am PST
that "fiscal cliff." as susan mcginnis reports, key players took to the sunday talk shows to make their case. >> reporter: the white house is already decorated for the holidays, but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act, america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. treasury secretary timothy geithner was on capitol hill to present the plan to congress. >> i was flabbergasted. i looked at him, i says, you can't be serious. >> reporter: president obama wants $1.6 trillion in new taxes on the rich, $400 billion in cuts to entitlement programs, such as medicare, and $50 billion in stimulus spending. >> the president and the white house have had three weeks and this is the best we've got?! >> reporter: mitch mcconnell laughed at them last week. now geithner says if they don't like the president's plan, the republicans should present their own ideas. >> we can't try to figure out wh
CBS
Dec 6, 2012 5:00am EST
been told to prepare for more than $100 billion in spending cuts. susan mcginnis reports there are few signs ever progress to fix this fiscal cliff so far. >> reporter: social security workers marched outside their office in baltimore wednesday. they're protesting the government spending cuts due to kick in at the end ever the year as part of the fiscal cliff. >> we don't want to see our public hurt in any way. >> reporter: just down the road in washington, d.c., the standoff continues. house speaker john boehner says he is still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> we need a response from the white house. we can't sit here and negotiate with ourselves. >> reporter: the president and boehner spoke on the phone wednesday but republicans want more. >> we want to sit down with the. we want to talk specifics. >> reporter: whether the talks happen on the phone or in person, here on capitol hill or at the white house, there will be no deal without a compromise on taxes, something that does not appear likely any time soon. >> an
Search Results 0 to 16 of about 17 (some duplicates have been removed)